What on Earth is Current Cash Equivalent (CCE)?
Alright, buckle up, my financially fabulous friends, because it’s time to dive into the world of Current Cash Equivalent (CCE). You know those times when you’re broke, but you find some loose change in your couch cushions? That’s CCE, but for grown-ups and companies!
In the mystical and magical world of [continuously contemporary accounting] (say that three times fast), Current Cash Equivalents are the assets and liabilities. Think of them as those special items on your balance sheet that could turn into cold, hard cash faster than you can say *
